Csenge Advisory Group Has $10.70 Million Stock Position in Walmart Inc. (NYSE:WMT)

Csenge Advisory Group reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 118,442 shares of the retailer’s stock after selling 4,035 shares during the quarter. Walmart makes up approximately 0.6% of Csenge Advisory Group’s portfolio, making the stock its 27th largest position. Csenge Advisory Group’s holdings in Walmart were worth $10,701,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in shares of Walmart during the third quarter worth approximately $26,000. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart during the fourth quarter worth approximately $27,000. Voisard Asset Management Group Inc. boosted its holdings in shares of Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares during the period. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the fourth quarter worth approximately $32,000. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Walmart during the third quarter worth approximately $36,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Walmart news, Director Robert Edward Jr. Moritz purchased 5,446 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were purchased at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the completion of the purchase, the director now directly owns 7,805 shares of the company’s stock, valued at approximately $716,577.05. This represents a 230.86 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David Chojnowski sold 5,600 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the sale, the senior vice president now owns 87,404 shares in the company, valued at $7,993,095.80. This represents a 6.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 175,177 shares of company stock worth $16,403,728 over the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Down 1.0 %

Shares of WMT stock opened at $104.04 on Monday. Walmart Inc. has a 1 year low of $55.99 and a 1 year high of $105.30. The firm’s fifty day simple moving average is $94.99 and its 200 day simple moving average is $85.44. The firm has a market capitalization of $835.78 billion, a P/E ratio of 42.70, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the previous year, the firm posted $0.51 earnings per share. Walmart’s revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts predict that Walmart Inc. will post 2.48 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on WMT. Wells Fargo & Company raised their price target on shares of Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $115.00 target price (up from $106.00) on shares of Walmart in a research note on Thursday. KeyCorp lifted their target price on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Guggenheim lifted their target price on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $100.53.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.